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53083503 No.53083503 [Reply] [Original]

Each token can be used over 17,000 a day given the extreme efficiency of the XRPL.
>all the money
Yes. Divided by 17,000. It's a settlement token. They are used over and over and over.

>> No.53083519

>>53083503
so $1 by 2025

>> No.53083539

>>53083519
Yes, it's funny because the $35,000 meme actually comes out to $2. Which is a pretty appropriate price and can easily account for all the world's trade activity.

>> No.53083601
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53083601

>>53083503
1) It's not a settlement token, it's a bridge asset. The CBDCs are the settlement token.

>>53083519
>so $1 by 2025
>>53083539
>Yes, it's funny because the $35,000 meme actually comes out to $2.

You both seem to have a misunderstanding. The value of XRP is a direct function of the total value of assets being traded on the network.
There's 3 things that occur whenever anything is bought or sold

Transaction > Payment > Settlement

Your estimates are only taking consumer transactions into account. I doubt you'd even use XRP for transactions as its 100% suited towards payments and settlements. XRPL wraps payments and settlements into the same step. Instead of having all 3 steps be 3-5 business days apart from each other. For payments to be handled on the XRPL you'd need the payment assets to be issued on the ledger. That includes collateralized property and nostro/vostro accounts.(27 TRILLION there alone).
For settlements to be handled on the XRPL then you'd need to issue DEBT to the ledger. Think about that one moment. The world's debt tokenized (USA is 235 trillion+)

You have no IDEA what is coming.

>> No.53083604

>>53083503
I hope xrp will settle at 1$ range, imagine the fees at 37500$. At this price allows me to transfer money fast and cheap. Now I don't pay even a whole cent to transfer thousands

>> No.53083634

>>53083503
Why don’t bitniggers understand on-chain usecase like p2p debt issuance
Once XRP is added to the balance sheet debt issuance will overload it into the global derivatives market

>> No.53083637

>>53083601
27,000,000,000,000/100,000,000,000/17,000=.015

Inflation of "the money" will accelerate and that will push it up a little more in dollar terms.

>> No.53083642

>>53083604
>imagine the fees at 37500$
The fees at 37500$ would still be sub 1 cent.

>> No.53083646

>>53083601
>The world's debt tokenized (USA is 235 trillion+)
IF that happens, then you can make it 270 trillion which means .015 x 10 = .105 and that's if nothing else AT ALL takes any of the market.

>> No.53083654

>>53083503
XRP $34,000,000 per coin EOY

>> No.53083663

>>53083654
>Q+
This is actually a based response and blows me out.

>> No.53083674

>>53083637
>Inflation of "the money" will accelerate and that will push it up a little more in dollar terms.
This only works when central banks are minting the currency. Under the proposed system (New Bretton-Woods) if central banks were to do this they'd only succeed in devaluing their own currency against all the tokenized assets/debt on the XRPL.

You're working off an incomplete data set, there was be a fundamentally different financial system moving forward.

>> No.53083724

>>53083674
lmao
I'm sure they are afraid of devaluing their currency against real assets.
They NEVER do that.

>> No.53083762

>>53083724
>I'm sure they are afraid of devaluing their currency against real assets.
You're stuck in the current(see dying) paradigm and it's causing you to misunderstand what I'm trying to explain. You'd be 100% correct if monetary policy wasn't going to change at the same time.

https://en.wikipedia.org/wiki/Bretton_Woods_system
https://www.youtube.com/watch?v=P_fQmjsGv78

We're going to enter a 'New Bretton Woods' System. You need to really understand these concepts or you will be blind sided and left playing catchup.

>> No.53083870

>>53083762
Then why are you butthurt at price targets measured in USD?
You know, the pricing EVERYTHING in the world is done using?

No matter the unit of future measure...DIVIDE BY 17,000.

>> No.53083929

>>53083642
No it would be over half a dollar, too expensive

>> No.53083941
File: 134 KB, 1280x640, bill hinmi in trouble.jpg [View same] [iqdb] [saucenao] [google]
53083941

>>53083929
I'm shitposting there but they can just vote the fee lower.
Also, ham sandwiches will be $2,000 by that point.
So .50 is almost nothing.
It's all relative.

>> No.53083942

>>53083870
>You know, the pricing EVERYTHING in the world is done using
see

>>53083762


Right now everything is valued in USD because were on the Petrodollar system. As in, we left Bretton Woods and moved to the Petro Dollar. I'm trying to get the point across that we will no longer be using the Petrodollar system and instead using a Bretton Woods-type system that leverages cryptocurrency for scalability.
Under Bretton Woods gold was the reserve currency, not USD.

What about this do you not understand? You're mentally stuck in a broken system that has only been in use since 1971.

>> No.53084000

>>53083942
>I'm trying to get the point across
lmao dude
You are years behind me.
You can't even understand.
DIVIDE A HAM SANDWICH BY 17,000 IF YOU WANT.

>> No.53084002

>>53083929
It would be 0.375 dollars at current usual 10 drops. Not even half a dollar and the 10 drops could be lowered.

>> No.53084047

>>53084000
Your math is backwards and I'm not sure what you don't get.

You can divide all you want, but drops won't be valued in USD, USD will be valued in drops. So yes, devalue the USD and it doesn't matter you're only hurting yourself against XRP.
Do you know what an SDR is? Do you know how SDRs are valued? We are flipping that around. XRP will be the "new SDR" but the value is derived from it's assets, not the other way around.

>> No.53084193

>>53084047
I just told you to value them in ham sandwiches if you want.

Look little guy. Stop assuming others are ignorant and actually think about what they are saying.
You are (for some reason) attempting to spoonfeed an apparent moron on a business forum.
You are doing this with what are basically XSG OP talking points.
I'm glad you read the OP at least.
Now divide by 17,000.

>> No.53084387

>>53084193
I have provided you 2 different sources to explain, by the people who are executing it, why you are wrong. You keep doubling down without even addressing anything I've said. I can only assume its out of ignorance.
This will be my last response unless you care to address any of my previous questions directed towards you. Hopefully others who read this can make a sound decision, you're too far gone however.

>> No.53084470
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53084470

>>53084387
What you are saying isn't addressing my point at all though fuckwit.
If XRP accounts for THE ENTIRETY of every asset on the planet, you don't divide by 100 billion XRP.
You divide by 100 billion XRP and the17,000 times they can be sued each day.
You can't eat XRP. You can't drive it. You can't live in it.
It will have relative value to assets.
The XRPL is incredibly efficient. It does not need a high "price".
It will settle at the equivalent of a ham sandwich regardless of how things turn out.

>> No.53084478

>>53084470
gourmet ham sandwich is like 15 bux so yea not bad

>> No.53084505

>>53084478
this desu
The real speculative play is whether or not Bill Gates is able to effectively destroy the swine population with an engineered swine flu or not.
If he succeeds we'll be incredibly wealthy as ham sandwiches will reach $2,000 eoy 202X.

>> No.53084629
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53084629

>>53084470
>The XRPL is incredibly efficient. It does not need a high "price".
Pic related.
Higher price = higher efficiency.

I won't respond to the rest of your post because you're literally just repeating yourself without realizing your entire premise is false because you haven't taken the time to understand what the Bretton Woods agreement was.

>> No.53084642

>>53084629
Holy fuck.
Teenagers on xsg...

You aren't even arguing with me. I don't know what you think you are doing really.

>> No.53084680

>>53084642
>ad hominem and complete refusal to address any point I have made
You're right, we aren't arguing.

>> No.53084704

>>53084680
>baited into responding again
Definitely a teenager.
Early 20s at the oldest.
This is the type of "I know and no one else does" attitude that only comes from being very young and only partially informed.

Believe me. I was there. But I was only there for a few years before I realized how much there is to know.
Make sure you move on quickly.
Anonymous forums allow you to move forward from here on with no adherence to your prior idiocy.
Godspeed.

>> No.53084722

>>53084704
What's Bretton Woods?
What's the Petrodollar?
What's an SDR?

>> No.53084796

>>53084722
Literally baby's first redpill and has to spread the news.
Oh to be young again.

>> No.53084829

>>53084796
What's Bretton Woods?
What's the Petrodollar?
What's an SDR?

>> No.53084876

>>53084722
I was shitting and on my phone for the last answer.
I want to help you so I'll give one last answer.
I have probably read more on Nixon and BW than you have about the entirety of the subject. I'm old.

What you should focus on is HOW someone else has seen the exact information you've seen, BUT come to a different conclusion.
Or, is there conclusion actually even different than mine?

You are just throwing out information willy nilly.
I've seen david's tweet. I understand his point.
I've seen the fake tweet, making it say it can't be expensive.
The petrodollar? You REALLY think I don't know what that is?

The answer is that I've seen this information and that I have come to look at it differently than you.
Each XRP can be used 17,000 a day.
Have you even stopped for one second to think about this?

>> No.53084886
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53084886

>>53084876
What's Bretton Woods?
What's the Petrodollar?
What's an SDR?

>> No.53085129
File: 3.40 MB, 360x278, 1668628168523469.gif [View same] [iqdb] [saucenao] [google]
53085129

>>53084876
>>53084829
Id throat fuck the both of you retarded and clueless skinny pink twinks.

>> No.53085207

>>53085129
What if my throat could easily take 17,000 cocks at once?
Do you think your single cock would make me gag?
Or would you need to divide my throat circumference by 17,000 first or it makes no sense to even try?

Now we get to the MEAT and potatos.

>> No.53085753

>>53083637
What happens if two ppl send 100 billion united states dollarinos same time??? What about 5 ppl??? Ahhhhh ahhhh there wouldn't be enough coins for a 200-500b tx... Fuck bro explain it better so ppl don't buy this shit coin accidentally thinking it can't work and be cheap. Fuck bro save us

>> No.53085963

>>53085753
lol this guy's asking the real questions

>> No.53086137

>>53085753
Just do the math with whatever volume and XRP price you want.
>same time
Current volume estimates account for total volume which already accounts for simultaneous transactions of course.

Million dollar XRP works as David suggests. But do the math on how much volume it assumes.
1,000,000 x 17,000 = 17 billion in tx per 24 hours PER XRP.
It's just math.
I'd say significant volume over time through IoT and small tx will burn enough XRP eventually to dent the supply noticeably and then we'll find a price.
2030 or so.

>> No.53086385

>>53083601
>1) It's not a settlement token, it's a bridge asset. The CBDCs are the settlement token.
ah thats a wonderful way to put this. Its a lot more accurate than anything else. Makes it clear in that single statement that they are only part of the solution. So many retards seem to think that the token of their choice will somehow do everything, even things its not designed to do....

>> No.53086526

>>53083634
>40 replies
>no replies to only worthwhile post
Bitfucks deserve to be hung on trees like niggers

>> No.53086612

>>53086385
>So many retards seem to think that the token of their choice will somehow do everything, even things its not designed to do
Agreed, that's the worst thing about the scene right now. Tribalism is at an all time high.
XRP is my biggest holding, that's because I know what I hold. That being said I know what it's not.

>> No.53086718

>>53086526
But all I said was to divide that volume by 17,000.
I didn't say it didn't exist.

Short circuits the brain of most XRP holders and they can't do anything but grasp at ideas like BUT THE NUMBER IS EVEN BIGGER DON'T YOU SEE.
Okay. Still divide by 17,000.
The XRPL is incredibly efficient.

>> No.53086835

>>53086718
You’re talking about 1 of the literal 2 dozen applications for XRP. The fact that debt issuance exists within the XRPL already puts it far ahead in market cap of every top 10 digital asset.
ETH is nigger garbage nobody important is going to build onto of it, using L2s is not only redundant m, but it doesn’t solve the triffins dilema.

>> No.53087017

And just like that, Bitcucks stay seething and foaming and the mouth. Pretty sure the only faggot who fuds already posted he only reads bitcoin centered media like a brainwashed NPC nigger.

>> No.53087082

>>53083503
If it could be used 1 million times a day that would be more value. Fast transactions mean more value dipshit.

>> No.53087249
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53087249

Chain link retarded cuck niggers don’t understand banks have 2 options (and one of them doesn’t solve the triffins dilema because it’s literally and aid to a messaging format): use a robust ledger proven for a decade to be effective where you can participate in the node operation trustlessly or build your own/have SWIFT build your cucked retard chain in 1 quadrillion light years so you can interoperate under their conditions.
IMF is not building shit
BIS is not building shit
United Nations already chose their ledger (figure it out nigger)
FedNow already chose their ledger as well
It’s fucking over for all of you cucks. Bitfuck is completely irrelevant to any global finance.

>> No.53087644

>>53086835
>literally responds with "BUT THE NUMBER IS EVEN BIGGER DON'T YOU SEE"

>> No.53087691

>>53087082
This is what I've basically said in this thread.
The XRPL is incredibly efficient. But the price of the token has to be tied to real world value at some point.
That's how prices work.
So if a ferry can go back and forth 50 times a day, but you only have 30 people...it doesn't really matter.

>> No.53087901

>>53087691
I don't see the connection between "real world value" and your ferry example.
How do you think "real world value" is determined?
"Value" is often determined by those who have the most POWER in the lesser known definition of POWER:
>the capacity or ability to direct or influence the behavior of others or the course of events.

I.e. we can create "Value" of "serving your country" through pumping out propaganda, because we have power over the press.

How do you think the federal reserve works, or the current US dollar standard?
Why is the dollar still the standard across the globe even though its "tokenomincs" are dogshit?

Your thesis is sound *if and only if* value is derived by your "throughput" take, i.e. 1 xrp can make 17,000 transactions therefore the price of an xrp token can be small.

But this "throughput" take falls apart when looking at how economies function and central banks function.
Scarcity isn't the end-all be-all for economics: the end-all be-all is POWER, through things like simulated scarcity, which we get to experience every ten years BY DESIGN with "booms" and "busts."

You're underestimating how power works, basically, which is ironic, seeing as power defined in physics is your "throughput," i.e. the amount of energy transferred or converted per unit time

>> No.53087958

>>53087901
>real world value
The capability to move more than exists is amazing, but you can only move what exists.

I've said earlier in the thread that the price appreciation will come from the eventual TRANSACTIONAL volume as the integration of micropayments and microtransactions begins to noticeably eat into the total supply.

The incredible efficiency of the XRPL begs for this to happen. It's not the amount of wealth that passes through the XRPL that is the reason it will go up in price. It's the number of transactions.

>> No.53087978

>>53087901
Another way to say this is that you can add up the cumulative value of the marginal utility XRP has regarding alternative methods.
IE the amount you save on cross border payments but using XRP. That's a big number, but it's just not big enough to justify a high XRP price by itself because again, the incredible efficiency of the XRPL.
Great product.

>> No.53088075

>>53087958
>>53087978
I see that you're implying a consumer-centric model, but there are two things to consider:
1. different tokens can be defined and use the xrp ledger, if one wants to make a "sheeple" coin to "take advantage of" the many transactions; this narrative is reinforced with the concept of "CBDCs"
2. what makes something valuable is through consensus and power, the latter which affects the former, i.e. the US dollar

In the same tongue-in-cheek words, those who have substantial control over the Federal Reserve which just conjures up dollar bills out of thin air could also say, "Great product."

IT doesn't seem you've addressed any of my points on macro economics, or how systems are maintained: through those with POWER

The "numbers" are just that: numbers, and the ones who ultimately give them meaning are those who have their fingers in the network around the world and in your head, the same head trained to crave a green paper for existence (the same as anyone else)

The world is a business, not a math game, and the objective of world business is mind&body control, and xrp is best positioned toward that end when one looks at the macro story

>> No.53088097

>>53087249
>>53087017
>>53086835
>>53086526
We won't realistically see any major XRP price movement until 2025 - 2026. That's when CBDCs will be implemented. Be prepared for the lawsuit with the SEC to drag on for years. I'm hoping we can still get involved in the next bullrun and see $1 end of next year.

>> No.53088257

>>53088075
I'm not implying any specific model, but it's use is inevitable in a number of areas.

Well...to me the power part is implied I guess. I'm in another thread posting coincidentally about ICP and why it was shorted by FTX and all the connections there. It's all one big web.
XRP is so powerful that the powerful seem to be fighting it pretty hard.

>> No.53088436
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53088436

I hate that Brad Garlichouse has a beautiful new gf off of my life savings!!!

>> No.53088745

>>53083601
>The CBDCs are the settlement token.
> XRPL wraps payments and settlements into the same step.
Pick one.

>> No.53089046
File: 12 KB, 98x138, IMG_20221229_215600.jpg [View same] [iqdb] [saucenao] [google]
53089046

Wow! The proof is...what guys? In. The. Pudding. It's all right in front of our faces, not financial advice. Now for the fun part in crypto news: babacucks tweeted, "2 more weeks" and in gematria that equals 311. Reversed is 113 guys, like my mind is totally blown right now. Possible moon date this January 13th. Summer, 589, Winter. At this point in time, guys, anything can happen. But David Schwartz tweeted out, "yes I'm Jewish, here is a picture of my dradel." Is he saying the case is spiraling to an end? And as we know, the entire economy is collapsing, which has to happen, so the Phoenix can rise out of the ashes. It's all about the timeline guys! CryptoSlut tweeted out, "XRP good, SEC bad" and as we know, the powers that be, they want you out, and that's gonna happen when? Exactly. During the financial collapse. So get your crypto off the exchanges. Not. Financial. Advice. ButAnywaysGuysIHopeYouEnjoyedToday'sVideo, haveAnAmazingDay- see ya

>> No.53089127

>>53088745
He doesn't have to pick one. XRP is designed to let you:
Pay in (CBDC "A"). instantly transform to same value worth of xrp to be sent over xrp ledger, reach destination, transform into the desired settlement asset choice of 2nd(CBDC "B"). Both parties can pay and receive however they want, at lightning speed and near zero fees. Its actually a brilliant idea.

>> No.53089261

>>53087644
Yeah you’re fucking retarded and whatever you hold is never going to attain any of the value I’m discussing.
Literally never, it has no way to do it.

>> No.53089283

>>53089261
He's right, though. Simple application of the quantity theory of money.

>> No.53089358
File: 11 KB, 292x188, xrp scam 6.jpg [View same] [iqdb] [saucenao] [google]
53089358

>>53089261
My main hold is XRP.
It's a great product.

>> No.53089422

>>53089046
>>53089127
Did you forget to switch IPs? Or are you actually schizophrenic?
Anyway, I've said ever since you showed up that, no matter how much xsg seethes, Extravod is the most intelligent and based XRP commentator.

>> No.53089527

baggies still deluded banks will use publicly traded assets I see

>> No.53089684

>>53089422
I don't have time or energy to switch ips, so I'll go with schizophrenic. I love XRP and extraVOD as well, but even you have to admit it's way too easy to laugh at him. Despite a lot of his stuff being super good info, he also puts out complete garbage gematria failed guesses. I know because I watch literally every video of his for years now, and even have had my own Twitter posts about Mr pool featured by on his channel. He definitely calls for a moon date every two weeks, sometimes even two or three different moon dates in the same video. Lighten up broski, wagmi

>> No.53090714

>>53089684
>I know because I watch literally every video of his for years now, and even have had my own Twitter posts about Mr pool featured by on his channel
That explains a lot.

>> No.53090788

GUYS GUYS GUYS I TOTALLY DON'T GET BRIBED BY RIPPLE LABS INC TO TWERK FOR XRP PLEASE DON'T LOOK AT MY DESCRIPTION WHERE I HAVE MY WALLET ADDRESS FOR "DONATIONS"

>> No.53090972

>>53084002
this is the correct answer in short version

>> No.53092152

Funny thread, great fud. But your thesis ignores too many hard counters which will be deflected and "woe unto me". Interesting...

>> No.53092188

Xrp will be 35k when a bigmac is 100k

>> No.53093421
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53093421

>>53092188
We measure in ham sandwiches.